Price for Halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary forms in the Philippines - 2023
Contents:
- Price for Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in the Philippines (CIF) - 2022
- Price for Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in the Philippines (FOB) - 2023
- Imports of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in the Philippines
- Exports of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in the Philippines
Price for Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in the Philippines (CIF) - 2022
In 2022, the average import price for halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses amounted to $36,138 per ton, growing by 26% against the previous year. In general, the import price saw a prominent increase. The growth pace was the most rapid in 2018 an increase of 540% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($70,318 per ton), while the price for China ($22,579 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in the Philippines (FOB) - 2023
The average export price for halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses stood at $36,354 per ton in March 2023, approximately mirroring the previous month. Overall, the export price recorded a significant increase. Over the period under review, the average export prices reached the peak figure in March 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From November 2022 to March 2023, the rate of growth in terms of prices for the United States amounted to +84.1% per month.
Imports of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in the Philippines
In 2022, after three years of growth, there was significant decline in supplies from abroad of halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses, when their volume decreased by -14.9% to 144 tons. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 172% against the previous year. As a result, imports reached the peak of 169 tons, and then shrank in the following year.
In value terms, imports of halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses expanded rapidly to $5.2M in 2022. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 177%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 181 | 475 | 3,290 | 3,245 | 161.7% |
| China | 138 | 179 | 239 | 1,328 | 112.7% |
| United States | 37.3 | 520 | 730 | 317 | 104.1% |
| Singapore | 24.8 | 36.9 | 160 | 306 | 131.1% |
| Thailand | 321 | 665 | 196 | N/A | -21.9% |
| Others | 29.7 | 152 | 231 | 15.4 | -19.7% |
| Total | 732 | 2,028 | 4,846 | 5,212 | 92.4% |
Top Suppliers of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms to the Philippines in 2022:
- Japan (70.5 tons)
- China (58.8 tons)
- United States (10.2 tons)
- Singapore (4.4 tons)
Exports of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in the Philippines
In 2022, exports of halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses from the Philippines dropped rapidly to 897 kg, which is down by -47.4% compared with the previous year's figure. In general, exports continue to indicate a significant contraction.
In value terms, exports of halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses shrank dramatically to $14K in 2022. Overall, exports saw a significant decline.
| Export of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Mexico | 54.7 | 12.8 | -76.6% | ||
| United States | N/A | 1.0 | 0% | ||
| Australia | N/A | 0.5 | 0% | ||
| China | 1.0 | N/A | 0% | ||
| Others | 1.8 | N/A | 0% | ||
| Total | 57.6 | 14.3 | -75.2% | ||
Top Export Markets for Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms from the Philippines in 2022:
- Mexico (463.0 kg)
- United States (303.0 kg)
- Australia (131.0 kg)
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